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Roy Disney Signed Mortgage of Chattels.

Currency:USD Category:Collectibles / Disneyana Start Price:200.00 USD Estimated At:400.00 - 600.00 USD
Roy Disney Signed Mortgage of Chattels.
SOLD
550.00USDto D********T+ buyer's premium (115.50)
This item SOLD at 2020 May 09 @ 15:33UTC-7 : PDT/MST
All items are sold as is. Contact Van Eaton Galleries for condition reports and shipping information. 21% Buyer's Premium for all lots.
(Disney, 1960) A very rare Mortgage of Chattels contract between Walt Disney Productions and Bank of America, relating to the Walt Disney short subject film Water on the Brain. This contract describes existing loans in the aggregate sum of $9,000,000 to Walt Disney Productions, and states that the short film Water on the Brain will be used as collateral to ensure the debt is paid. The contract was signed on Oct 26, 1960 by Roy O. Disney as President of Walt Disney Productions and by Luther R. Marr as Secretary of Walt Disney Productions. The back of the document has an official California notary signature and seal. Measuring 11.5"x8.5", the document is in very good condition.